Director Share Dealings
Focusrite plc
("the Company" or "the Group")
Focusrite plc Discretionary Directors Bonus (Bonus)
Director Share Dealings
Focusrite plc (AIM:TUNE), the global music and audio products company that trades under the Focusrite and Novation brands, announces that on 30 June 2026 it awarded ordinary shares of 0.1p each in the capital of the Company ("Shares") to Tim Carroll, Group CEO of the Company and Sally McKone, Group CFO of the Company (each Persons Discharging Managerial Responsibilities ("PDMRs")), as listed below.
The Shares were awarded to the PDMRs as part of the Company's annual bonus arrangements for the final 6 months of the Company's transitional 18 month financial year ended 28 February 2026. Each PDMR elected to convert a portion of their annual bonus into Shares, and in return received an award of further Shares on a 1:1 basis.
Neither PDMR may ordinarily sell, transfer, assign or dispose of the Shares for a period of two years.
The award of the shares was settled in part by the transfer of ordinary shares and in part with a cash payment equal to the market value of the ordinary shares to meet the awardee's liability to income tax and employee national insurance arising on award of the bonus shares.
Awardee
Number of Shares Awarded
Number of Shares Transferred to Awardee
Number of Shares Representing Awardee's Tax and NI Liability
Tim Carroll
36,070
19,117
16,953
Sally McKone
35,651
18,895
16,756
Following the award:
Mr. Carroll's beneficial holding is 156,054 Ordinary Shares in the Company representing 0.26% of the total number of shares in the Company; and
Ms McKone's beneficial holding is 101,414 Ordinary Shares in the Company representing 0.17% of the total number of shares in the Company.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
1
Details of the persons discharging managerial responsibilities I person closely associated
a)
Name
Tim Carroll
2
Reason for the notification
a)
Position/status
Group Chief Executive Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Focusrite plc
b)
Legal Entity Identifier
213800JJ51KA4LOTF736
4
Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares of 0.1p each in Focusrite plc
Identification code
GB00BSBMW716
b)
Nature of the transaction
Acquisition of shares pursuant to Focusrite plc's bonus arrangements for the final 6 months of the Company's transitional 18 month financial year ended 28 February 2026
c)
Price(s) and volume(s)
Prices per share
Volumes Acquired
Nil
19,117
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
30 June 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the persons discharging managerial responsibilities I person closely associated
a)
Name
Sally McKone
2
Reason for the notification
a)
Position/status
Group Chief Financial Officer
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Focusrite plc
b)
Legal Entity Identifier
213800JJ51KA4LOTF736
4
Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each placewhere transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares of 0.1p each in Focusrite plc
Identification code
GB00BSBMW716
b)
Nature of the transaction
Acquisition of shares pursuant to Focusrite plc's bonus arrangements for the final 6 months of the Company's transitional 18 month financial year ended 28 February 2026
c)
Price(s) and volume(s)
Prices per share
Volumes Acquired
Nil
18,895
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
30 June 2026
f)
Place of the transaction
Outside a trading venue
-ends-
Enquiries
Focusrite plc
+44 (0) 1494 462246
Tim Carroll (CEO) / Sally McKone (CFO)
Investec Bank plc (Nominated Adviser and Joint Broker)
+44 (0) 20 7597 5970
David Flin / Nick Prowting / James Smith
Rosewood (Financial PR)
+44 (0) 20 7653 8702
John West / Llewellyn Angus / Lily Pearce
Notes to Editors
Focusrite plc is a global audio products group that develops and markets proprietary hardware and software products. Used by audio professionals and musicians, its solutions facilitate the high-quality production of recorded and live sound. The Focusrite Group trades under eleven established brands: Focusrite, Novation, ADAM Audio, Martin Audio, Optimal Audio, Linea Research Sequential, Oberheim, Sonnox, OutBoard and TiMax.
With a high-quality reputation and a rich heritage spanning decades, its brands are category leaders in the music-making and audio recording industries.
The Group operates through two divisions: Content Creation and Audio Reproduction.
Within its Content Creation business, Focusrite offers audio interfaces and other products for recording musicians, producers and professional audio facilities. Novation products are used in the creation of electronic music, from synthesizers and grooveboxes to industry-shaping controllers and inspirational music-making apps. ADAM Audio studio monitors have earned a worldwide reputation based on technological innovation in the field of studio loudspeaker technology. Sonnox is a leading designer of innovative, high-quality, award-winning audio processing software plug-ins for professional audio engineers. Sequential designs and manufactures high end analogue synthesizers under the Sequential and Oberheim brands.
The Audio Reproduction division provides high-quality, professional-grade solutions for both live sound and permanent installations. Martin Audio designs and manufactures performance-ready systems across the spectrum of sound reinforcement applications. TiMax specialises in innovative immersive audio and show control technologies. OutBoard manufactures and sells industry standard rigging control products for live events, together with enterprise-level safety test, preparation and quality management for global rental companies and venues. Linea designs, develops, manufactures and sells innovative professional audio equipment globally.
The Company has offices in four continents and a global customer base with a distribution network covering approximately 240 territories.
Focusrite plc is traded on the AIM market, London Stock Exchange.
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